Here's How Janover Has Performed Since Its IPO
Portfolio Pulse from Benzinga Insights
Janover (NASDAQ:JNVR), a B2B fintech marketplace, recently went public with an initial offering of 1.41 million shares at $4.00 per share. On its first day of trading, the stock fell 4.50% to close at $3.82. The company has an insider lock-up period of 180 days, ending on January 21, 2024, during which major shareholders cannot sell their shares.
July 26, 2023 | 9:30 pm
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Janover's stock fell 4.50% on its first day of trading. The company has a 180-day insider lock-up period, which could lead to increased supply of shares and potential price fall.
Janover's stock fell on its first day of trading, indicating a potentially weak market sentiment. The upcoming end of the insider lock-up period could lead to an increased supply of shares, which may put downward pressure on the stock price.
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IMPORTANCE 80
RELEVANCE 100